Fosun Eurasia Capital in Moscow was co-founded by Fosun and its local partners in Russia, both who formerly worked at BNP Paribas Investment Partners in Saint Petersburg, Russia: ex-CFO Tanya Landwehr and former senior equity portfolio manager Igor Danilenko.
The investment team intends to use an unconstrained investment approach covering fixed income, direct investments, real estate, bond, equity and private equity projects, according to a company statement.
Targeted sectors include energy, natural resources, consumption and manufacturing in Russia, Mongolia and the Commonwealth of Independent States. Investments will have synergies with the businesses owned by the parent group.
The firm also intends to offer external investment advisory services to both local and international investors.
“Russia is geographically a conduit linking Europe and Asia,” said Guo Guangchang, chairman of the parent group. “We are very pleased to announce that the asset advisory platform was built in Russia, marking an important milestone for the laying out of Fosun’s globalization strategy.”
Hong Kong-listed Fosun Group is a conglomerate that has been making a spate of investments across Europe, Asia and the US. Aside from asset management, some of the company’s other businesses are insurance, healthcare, lifestyle and banking.